Hello all, I have recently lost my mind discovering how difficult and from my point of view unreasonable the Massachusetts court process is for foreclosures and challenging their validity.

We always look for value add potential, and in such a small market there is probably limited demand for office space & little room to push rents.If the seller is firm at an unreasonable price, then see if you can find better terms.

Ive worked with some very unreasonable people who held back payments for my subs for some ridiculous reasons.

Am I unreasonable to think that it should be closer to 1.5%- 1.7%340k - 300k sale price?

To Jeff R's point - $98,000 gross doesn't seem unreasonable, but parse that number a bit.

@Bill Brandt would it be unreasonable to ask them to replace them?

"§ 214 (F) THE TENANT HAS UNREASONABLY REFUSED THE LANDLORD ACCESS TO THE HOUSING ACCOMMODATION FOR THE PURPOSE OF MAKING NECESSARY REPAIRS OR IMPROVEMENTS REQUIRED BY LAW OR FOR THE PURPOSE OF SHOWING THE HOUSING ACCOMMODATION TO A PROSPECTIVE PURCHASER, MORTGAGEE OR OTHER PERSON HAVING A LEGITIMATE INTEREST THEREIN;"  If your trying to sell the tenant has to let you in for repairs or you can evict

That's an unreasonable expectation. 

I think $300 sounds unreasonable to me in moving expenses to move across the complex, unless they hired people to move their heavy stuff.

What are your thoughts on viability/approach to the below:Is it unreasonable to find a property levered 80% debt, 20% down payment that generates a cash-on-cash return of approx. 12% and annual appreciation of approx. 3% while using the following estimates:- 1/12 months vacancy, - 10% of total rent for CAPEX, - 10% of total rent for property management, - 1% of property value for taxes, - 1% of property value for insurance, and- Misc. expense retainer of 10%?